(RIVERWOODS, ILL., November 11, 2008) – CCH, a Wolters Kluwer business and a leading provider of tax, accounting and audit information, software and services, has introduced two new tax research products for very small to medium-sized CPA firms. Practical Tax Professional™ and Practical Tax Expert™ are online resources that lead practitioners to answers quickly and apply them to their clients’ situations (CCHGroup.com).

“These are new generation tax research products, written in language that practitioners grasp immediately and with a straightforward, practical emphasis,” said CCH Product Manager Scott Heimgartner.

Practical Tax Expert

Practical Tax Expert offers a real-world focus on income tax laws facing individuals and small businesses. It is a basic resource that includes practical examples, sample calculations, compliance pointers, comments, planning notes and other features to show users exactly how critical tax principles apply in the real world.

“Practical Tax Expert was written specifically for the very small firm tax practitioner or sole practitioner, and it is priced accordingly,” Heimgartner said.

Practical Tax Professional

Practical Tax Professional offers the same practical, real-world focus on federal income tax laws and the important issues that practitioners face every day as the Practical Tax Expert, but is more comprehensive with a greater depth and breadth of explanation and a broader range of practical examples, sample calculations, compliance pointers, comments, planning notes and other features to show users exactly how critical tax principles apply. The explanations also contain well-placed links to the innovative and time-saving Interactive Research Aids.

Practical Tax Professional was designed specifically for the small to medium-sized CPA firm. It focuses on the topics that matter most to those particular practitioners: individual and small business taxation. It also addresses tax topics such as business valuation and bankruptcies to make the product comprehensive for the practitioner who may encounter an issue that is outside his or her normal practice.

“Practical Tax Professional is also an excellent choice for the tax professional in a small to mid-sized CPA firm as well as those tax professionals in small corporations,” Heimgartner said.

Practical Tax Bulletin™ Newsletter

Subscribers to Practical Tax Expert and Practical Tax Professional also receive the biweekly Practical Tax Bulletin TMnewsletter both in print and online. Practical Tax Bulletinnewsletter is a helpful, time-saving resource for the practitioner to keep abreast of the significant new federal tax rules and changes. It alerts practitioners to the latest federal tax news and developments and the implications. It covers new tax legislation, regulations, important tax case decisions, IRS rulings and other important tax news.

“Practical Tax Bulletin is written in clear and easy-to-understand language and discusses hot tax topics and trends that are of particular interest to the small firm practitioner, including tax planning insights and tax compliance developments,” Heimgartner said.

For More Information

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Office, CCH® TeamMate, CorpSystem®, CCH® Tax Research NetWork™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. For more information, visit www.wolterskluwer.com.